The Minister of Power (MoP) has declared any tax / duty on generation of electricity, which encompasses all types of generation viz. thermal, hydro, wind, solar, nuclear, etc. as illegal and unconstitutional. It has been […]
Indian Renewable Energy Development Agency Limited (IREDA) has reported an all-time high annual profit after tax of Rs 8.65 billion in 2022-23, recording a significant growth of 36 per cent over 2021-22. IREDA’s net non-performing […]
Cleantech Solar has announced the signing of 25 MW of wind projects for global industrial manufacturers at its upcoming wind parks in Maharashtra and Tamil Nadu. The customers will procure power from these wind parks […]
KEC International Limited has secured orders worth Rs 10.17 billion across its various businesses. The company’s transmission and distribution (T&D) business has secured an order for a 765 kV transmission line from a private developer […]
Vestas has received a 238 MW wind turbine supply contract from Hibiki Wind Energy for its Kitakyushu-Hibikinada offshore wind farm project in Japan. The offshore facility, located off the coast of Kitakyushu city in Fukuoka […]
NTPC Renewable Energy Limited (NTPC REL) has invited bids from eligible bidders to participate in a global competitive bidding process for the selection of developers for interstate transmission system (ISTS) connected energy storage solutions in […]
Bharti Airtel has partnered with Secure Meters for deploying narrow band-internet of things (NB-IoT) services that will power 1.3 million homes in Bihar through a smart meter solution. This deployment will be India’s first NB-IoT […]
Solar Energy Corporation of India Limited (SECI) has traded over 35 billion units, an increase of over 59 per cent in its renewable energy power trading volume during 2022-23 over the previous year. Notably, the […]
INOX Air Products (INOXAP) has commissioned a 21.3 MWp open access captive solar power plant at Bangarmau in Unnao, Uttar Pradesh. This plant, built at an investment of Rs 1 billion, is the largest investment […]
SWELECT Taiyo Energy Private Limited, a subsidiary of SWELECT Energy Systems Limited, has successfully commissioned a 7 MW solar power plant in Singalandhapuram and Vadakkuveli Villages in Thuraiyur Taluk, Trichy District, Tamil Nadu. The plant […]
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries Limited (MHI), has commenced operation of the first M701JAC unit at a natural gas-fired power plant project in Rayong Province, Thailand. The Rayong plant is […]
Gagan B. Swain, Director (Finance & Corporate Affairs), GRIDCO Limited The challenges of climate change are affecting us all, and they are manifesting in the form of changing weather patterns, rising sea levels, frequent cyclones, […]
In view of the prevailing power supply situation in the country, the Central Electricity Regulatory Commission (CERC) has decided to expand the scope of operation of the CERC (Ancillary Services Operations) Regulations, 2015 to facilitate […]
JSW Renew Energy Two Limited, a step-down subsidiary of JSW Energy Limited, has commissioned 51 MW of wind power capacity under phase-wise commissioning of the 450 MW interstate transmission system (ISTS)-connected wind power project awarded […]
Power Mech Projects Limited has secured orders worth Rs 7.20 billion. Anorder worth Rs 1.62 billion has been secured for distribution works under revamped distribution sector scheme for Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company […]
REMC Limited (REMCL) has, reportedly, allocated 960 MW of renewable energy capacity to four companies. The winners are required to supply round-the-clock (RTC) renewable power to Indian Railways. NTPC Renewable Energy Limited and Anaya Renewables […]
Reliance Industries Limited (RIL) has withdrawn the scheme of amalgamation of its renewable energy arm, Reliance New Energy Limited (RNEL) with itself. Based on a review of the new energy / renewable energy business and […]
Vena Energy has announced the commissioning of the 272 MW E2 solar project in Taiwan. The E2 solar project is built on reclaimed land spanning 226 hectares and features 680,000 solar photovoltaic panels. The project […]
The Ministry of Power (MoP) has issued the draft Electricity (Amendment) Rules, 2023 incorporating provisions for subsidy accounting and payment, and framework for financial sustainability. As per the draft, the accounting of subsidy payable under […]
The Ministry of Power (MoP) has issued the scheme for pooling of tariff of those plants whose power purchase agreements (PPAs) have expired. In view of the long gestation period required for the construction of […]
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